It is reported that Ministry of Finance said that caretaker Prime Minister Anwaar-ul-Haq Kakar had written a letter to the President of the UAE in this regard.
Islamabad: The United Arab Emirates (UAE) is likely to rollover 02 billion dollars in debt for Pakistan this week, reportedly.
According to the media reports, Ministry of Finance has stated that the loan of two billion dollars from the UAE will be postponed for one year.
It is reported that Ministry of Finance said that caretaker Prime Minister Anwaar-ul-Haq Kakar had written a letter to the President of the UAE in this regard.
According to the reports, the loan of 2 billion dollars from UAE was maturing till January 23 and now 3% interest on one billion dollars and 6.5% interest on one billion dollars will be paid to UAE.
The discussions among the Prime Minister's Office and the Ministry of Finance are underway to roll over the debt , reportedly.
Trump’s war with Iran, briefly explained
- 2 hours ago
How Finland defeated fascism
- 2 hours ago
PM Shehbaz cancels Russia visit amid escalating Iran conflict; emergency security meeting convened
- 18 hours ago
One big takeaway from Trump’s SOTU, briefly explained
- 17 hours ago
President, PM express grief over Ayatollah Khamenei’s martyrdom
- 12 hours ago
AI deepfakes are a train wreck and Samsung’s selling tickets
- a day ago
The nuclear nightmare at the heart of the Trump-Anthropic fight
- a day ago
High-level meeting reviews country’s security situation
- 12 hours ago
Operation Ghazab Lil-Haq: Pak Army responding effectively to Afghan Taliban's aggression
- 16 hours ago
CISA is getting a new acting director after less than a year
- a day ago
Pakistan calls for resumption of diplomacy to resolve ME crisis:Asim Iftikhar
- 18 hours ago
Airlines suspend Middle East flights after US, Israel strikes on Iran
- a day ago
